How to successfully manage CVFF- ship finance expert, Olorunfemi
to all stakeholders.
government wants done is done and clearly so before all parties concerned.
guaranteed the money, and the CVFF pool has no fear about the money being
project. The banks held the fund as holding deposits and not as loans.
that is about seven years and you have more 25 years to use the vessel, it is good.
They will treat it better than their own money. So, CVFF is secured if they follow the laid down procedures.
Even, if the vessel has challenges, it is reported to the bank and the bank is able to attend to it.
located. Maybe, the CVFF money is part of the ones we hear had been mismanaged. So, if it is gotten out it will be returned to the fund, where it is supposed to be because the CVFF does not
belong to NIMASA, it is the ship-owner’s money.
money. It is good that the banks have good records of what they got from the CVFF money; Dollars and Naira. Let us even start with what we have, reach our ship-owners.
they have found the file now, I just hope so. My strongest interest is because I believe that CVFF will solve the problems of ship-owners.
no vessel in that category they can then go to the others. That means that all good vessels will get jobs and Nigerians will begin to look for good vessels to buy.
But there are other things that such vessels may not have, but which are
available in Nigerian-owned vessel. But because they wanted to use that vessel,
they will reject the Nigerian vessel.